Arbor Metals Corp. (CVE:ABR – Get Free Report) shares shot up 22.2% on Monday . The stock traded as high as C$0.52 and last traded at C$0.50. 312,706 shares changed hands during trading, an increase of 118% from the average session volume of 143,191 shares. The stock had previously closed at C$0.41.
Arbor Metals Trading Up 25.9 %
The company’s 50 day simple moving average is C$0.31 and its 200 day simple moving average is C$0.38. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The firm has a market cap of C$35.02 million, a price-to-earnings ratio of -17.00 and a beta of -3.71.
About Arbor Metals
Arbor Metals Corp. identifies, acquires, explores, and develops natural resource properties in Canada. The company has interests in the Jarnet, Corvette Lake, and St. Pierre lithium projects comprising 83 map-designated claims, covering an area of approximately 5,606 hectares located in the James Bay region of Quebec.
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